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HomeMy WebLinkAboutORD 5264Amends ORD:5245 CITY OF RENTON,WASHINGTON ORDINANCE NO.5264 AN ORDINANCE OF THE CITY OF RENTON,WASHINGTON, AMENDING THE 2007 BUDGET BY TRANSFERRING FUNDS IN THE AMOUNT OF $259,000 FROM THE 2007 DESIGNATED CAPITAL RESERVE FUND FOR PARK MAINTENANCE FACILITY,TO THE PARKS MAINTENANCE FACILITY ACCOUNT,IN ORDER TO PROVIDE FOR A TEMPORARY PARKS MAINTENANCE FACILITY. WHEREAS,the City is presently engaged in the preliminary stages of an effort to construct a new Parks maintenance facility that will take a period of years to complete;and WHEREAS,there is a scheduled Transportation Improvement Project to widen State Highway 169 this year that will require the demolition of an existing Parks maintenance site in Cedar River Park;and WHEREAS,.an expenditure of funds is necessary to provide for a temporary Parks maintenance facility and for due diligence engineering,architectural,and appraisal fees in connection with the new facility; NOW,THEREFORE,THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON,DOES ORDAIN AS FOLLOWS: SECTION I. increased as follows: Appropriation in the Municipal Facilities CIP Fund is hereby Fund 2007 Original Budget Increase 2007 Adjusted Budget Budget 316.000000.020.5940.0076.62.020053 $5,050,497 Parks Maintenance Facility $259,000 $5,309,497 Source of funds:2007 Fund 316 Reserve:Park Maintenance Facility 1 SECTION II. ORDINANCE NO.5264 Funds for this line item are hereby appropriated to the 2007 budget and hereby removed from the 2007 Fund 316 Reserve:Park Maintenance Facility within fund balance. SECTION TIl. 30 days after publication. This ordinance shall be effective upon its passage,approval,and PASSED BY THE CITY COUNCIL this 5 t h day of_-'Mc.=..;a=-=r'--"c"-"h'------__----',2007. Bonnie I.Walton,City Clerk APPROVED BY THE MAYOR this ---"':;'-'--_day of __...:.;M=ac=-r-=-c=h ,2007. d=:?w,---- Lawrence I Warren,City Attorney Date of Publication:3/10/2007 (summary) ORD.1335:2f15f07:ma 2